Canada Stocks to Watch: Sears Canada, Sherritt, TransAlta and more

Sears Canada Inc. said fourth-quarter earnings remained flat at 39 Canadian cents a share, helped by gains, while revenue fell to C$1.30 billion from C$1.37 billion. Same-store sales were down 5%.

Sherritt International Corp. hiked its quarterly dividend 13% and posted a fourth-quarter loss of 6 Canadian cents a share, compared with a profit of 10 Canadian cents a year earlier. It had an adjusted profit of 3 Canadian cents a share.

TransAlta Corp. said fourth-quarter earnings rose to 15 Canadian cents a share from 11 Canadian cents, while adjusted earnings rose to 21 Canadian cents a share from 13 Canadian cents a year earlier.